Allina Health Foundation

Analysis

Allina Health Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Allina Health Foundation reported income of $44.2m and spending of $33.2m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $44.2m (+1096%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 727%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Allina Health Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Morgridge Institute Foundation Inc ($44.2m), Nsabp Foundation Inc ($44.2m) and Mather Foundation ($44.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $251.8m against liabilities of $7.5m, net assets of $244.3m.